A firm has 900000 in revenue they are in the 34 tax bracket, Ask an Expert

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A firm has $900,000 in revenue. They are in the 34% tax bracket. Epenses (EXCLUDING interest) are $125,000 and Interest Expense is $50,000. Preferred dividends are $20,000. A. What are the earnings available to common stockholders? and B. What is the increase to retained earnings for the year if the firm has $10,000 shares of common stock outstanding and declares a $1.15 dividend per share of common stock?

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Financial Management, Finance

Category:- Financial Management
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